Seller's Contact Information
- RE: 25 Year Established HVAC And Mechanical Business
- Contact: John McCleary
Business Overview:
The company is a HVAC business based in Harris County, Texas, that has been serving the community since 1997. The company has gained a strong foothold in the industry by providing top-quality installation, repair, and maintenance services to both commercial and residential clients. With a team of highly skilled professionals available 24/7, the company has become a go-to provider for standard and emergency HVAC needs.The business primarily generates income from maintenance contracts with commercial clients, which historically made up approximately 70% of their revenue. Seeing an opportunity to boost margins, the owners decided to focus more on residential customers. Currently, the business’ revenues are split 50/50 across commercial and residential. If a new owner wanted to get back into primarily servicing commercial accounts, the transition would be easy and the owners are happy to assist.
The business is a turn-key operation that presents an excellent opportunity for strategic buyers or individuals seeking to enter the HVAC industry. With a loyal customer base and a reputation for quality service delivery, the business is well-positioned for continued success in the industry. Their expertise in both air conditioning and heating units in homes and businesses allows them to provide comprehensive HVAC solutions to their customers.
Property Features and Assets:
The current lease is set to expire in November, 2023 with the monthly rent being $1,050. The owner will assist the new owner in securing a favorable, long-term lease at the current location. The leased property currently acts as a 1,500 square foot office space for the business with space for inventory and equipment. A new owner could operate the business from a home office and garage, as inventories and equipment are minimal.Market Competition and Expansion:
The business is able to set itself apart from the competition by serving their clients quickly and completely. The business provides services 7 days a week, including emergency services. In addition to their fast and complete service, the business provides transparent pricing to customers and offers discounts, something which most competitors do not offer. As a result of these practices, the business maintains a strong lifetime customer retention rate, in turn leading to referrals and business growth. The business has several avenues for growth, including optimization of digital and traditional marketing. For optimization of digital marketing, a new owner could leverage social media advertising and Google Search Engine Optimization (SEO) in order to gain more clients. The business could also achieve growth by expanding their current service offerings. Including plumbing work, electrical work, or both services would exponentially increase the customer list for all services, in turn increasing revenues for the company overall.Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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